Insights and Stories on Soyoil

Apr. 5, 2018 at 5:41 am CDT

CNS Canada — Soybean futures on the Chicago Board of Trade suffered sharp losses Wednesday after China said it would slap a 25 per cent tariff on soybean imports in retaliation for U.S. sanctions that had been placed on it. The dominant May contract plummeted 55 cents to $9.83 a […]

By Dave Sims

Jan. 24, 2018 at 3:41 pm CST

CNS Canada — ICE Futures Canada canola contracts are showing signs of wanting to climb higher due to recent moves in soybean oil and the Canadian dollar. The front-month March contract is still below the benchmark $500 per tonne mark but is starting to creep toward it. Some of the […]

By Dave Sims

Jan. 17, 2018 at 4:46 pm CST

CNS Canada — ICE Futures Canada canola contracts remain stuck in a sideways trading pattern, with little hint of which way values will eventually break. Canola “is getting tugged from different sources,” said Ken Ball of PI Financial in Winnipeg, adding that “it could go up or down $5 depending […]

By Phil Franz-Warkentin

Dec. 4, 2017 at 6:47 pm CST

Chicago | Reuters — U.S. soybean futures rose to a three-week high on Monday and soymeal jumped more than two per cent on buying backed by concerns that dry weather in Argentina will hurt crop yields. Corn futures fell more than one per cent, reversing early gains after technical selling, […]

By Michael Hirtzer

Nov. 16, 2017 at 7:07 pm CST

CNS Canada –– ICE Futures Canada canola bounced around within a rather wide range over the course of the week ended Wednesday, but could head higher if it gets help from U.S. soyoil. “The wildcard here is the (soy)bean oil market,” said Ken Ball of PI Financial in Winnipeg. While […]

By Phil Franz-Warkentin